The American flag flew again over the U.S. Embassy in Venezuela Saturday for the first time in the South American country in seven years.The embassy compound in Caracas is still undergoing renovations, and officials have not announced when the building will fully reopen, The Associated Press reported.The flags return comes months after former Venezuelan President Nicols Maduro was captured by U.S. forces in January.FROM PALACE TO PRISON: VENEZUELAN STRONGMAN MADURO LOCKED IN TROUBLED BROOKLYN JAILThe U.S. Embassy highlighted the moment in a social media post, calling it the start of a new chapter in relations between Washington and Caracas."A new era for U.S.-Venezuela relations has begun," the U.S. Embassy wrote on X.Some residents expressed hope that the flag signals improved ties with the international community.Caracas resident Alessandro Di Benedetto said the atmosphere among onlookers was optimistic, according to The Associated Press.TRUMP BACKS MADURO LOYALIST OVER VENEZUELAN OPPOSITION LEADER IN POST-CAPTURE TRANSITION"I found several people here surprised and happy because today they raised the U.S. flag at the embassy," he said. "This is positive; this is another step."The embassy had been closed since March 12, 2019, when the U.S. and Venezuela cut diplomatic relations, according to the website for the U.S. Department of State.Maduro was captured during a U.S. military operation in Caracas Jan. 3 and flown to New York, where he is being held in a federal jail.TRUMP TOUTS US HAS "TREMENDOUS" AMOUNT OF VENEZUELAN OIL, VOWS TO "TAKE CARE" OF CUBA AFTER IRAN FOCUSHe faces multiple charges, including narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices and conspiracy to possess those weapons.Maduros wife, Cilia Flores, is also facing federal charges related to drug trafficking and weapons offenses.Both pleaded not guilty during a federal court appearance in New York Jan. 5.The Associated Press contributed to this report.